Critical Elements Lithium Co. (OTCMKTS:CRECF) Sees Large Decline in Short Interest

Critical Elements Lithium Co. (OTCMKTS:CRECF – Get Rating) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totalling 15,500 shares, a decrease of 34.3% from the April 15th total of 23,600 shares. Based on an average daily volume of 60,200 shares, the days-to-cover ratio is presently 0.3 days.

CRECF stock opened at $1.06 on Friday. The company has a 50-day simple moving average of $1.14 and a 200 day simple moving average of $1.15. Critical Elements Lithium has a fifty-two week low of $0.87 and a fifty-two week high of $1.65.

About Critical Elements Lithium (Get Rating)

Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, and platinum group and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 246.55 square kilometers located in the Eastmain greenstone belt.

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